EXCERPTS
Armine Yalnizyan: Pandemic Economics: Thoughts on She-cession, She-covery and Future Growth
In this webinar, Armine Yalnizyan provides attendees her thoughts on a post-pandemic recovery and the role of 'she-covery' and future growth for Canada.
Armine highlights that "the path to re-hiring women is bottlenecked as a lack of childcare is the limiting factor for she-covery".
Yalnizyan addresses the revelations of the pandemic on the economy and notes that:
- Warning: childcare may become the new long-term care facilities. If too many not-for-profit facilities fold, more capacity will be operated by for-profits. #CaringForProfit priority •
- Childcare viewed as driven by “market choice” alone guarantees market failure…and less growth.
- Underinvestment in early learning and child care (ELCC) means discounting the potential of 15-20% of children in low-income households. But population ageing means we need all hands on deck.
- High-quality ELCC must be part of the public education system, or we’re leaving money on the table
The webinar was hosted by Toronto Association for Business & Economics and for many years, the TABE has offered speaker events on topical issues in the field of economics.
In the current environment, where in-person events are not possible, we are pivoting to a series of free webinars highlighting the effects of COVID-19 on the economy. These will be available free of charge to members and non-members.